During 2020, Brondor Ltd. acquires two businesses. The cost of the first acquisition includes a payment for goodwill of $213,000, while the cost of the second includes a payment for goodwill of $243,000. Neither of these businesses will be operated as a separate business entity. Brondor Ltd. had no Class 14.1 balance as of January 1, 2020, and there were no other Class 14.1 transactions during the year.
In December 2021, two portions of Brondor's business activities are sold. The first results in a goodwill receipt of $165,000, while the second results in a goodwill receipt of $210,000. Brondor always claims maximum CCA.
Determine the January 1, 2021 UCC balance. What is the tax effect of the dispositions?

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The Answer of During 2020, Brondor Ltd. acquires two businesses. The cost of the first acquisition includes a payment for goodwill of $213,000, while the cost of the second includes a payment for goodwill of $243,000. Neither of these businesses will be operated as a separate business entity. Brondor Ltd. had no Class 14.1 balance as of January 1, 2020, and there were no other Class 14.1 transactions during the year.
In December 2021, two portions of Brondor's business activities are sold. The first results in a goodwill receipt of $165,000, while the second results in a goodwill receipt of $210,000. Brondor always claims maximum CCA.
Determine the January 1, 2021 UCC balance. What is the tax effect of the dispositions?